@article{mucha2018audit,
  title = {Audit Sampling – statistical vs. non-statistical?},
  author = {Boris Mucha and Patrícia Brestovanská and Tomáš Peráček},
  year = 2018,
  url = {https://ibimapublishing.com/articles/JEERBE/2018/136905/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2018,
  pages = 10,
  doi = 10.5171/2018.136905,
  abstract = {In order to meet the objectives of the financial audit, it is necessary for auditors to state that the financial statements prepared by the management provide a true and fair view of the financial condition of the enterprise. With regard to the natural limitations of auditing, the auditor obtains reasonable assurance by generally verifying the selected sample of items from the population and passing the results of that verification to the entire population. The subject of this article is to select a sample in a financial audit. The authors point out the importance of the correct course of the auditor to ensure that the selected sample is objective, unbiased and representative in relation to the overall set of items. In addition to a comprehensive view of sample selection, the authors focus in particular on analyzing and comparing the statistical and non-statistical sampling method. The authors explain the fundamental differences between them which consist mainly of the degree of randomness and the use of probability theory to evaluate the results of the sample. They describe individual methods, possibilities and ways of their application. Last but not least, they warn the reader of the limitations and limitations associated with the use of particular methods in practice. Based on this research, as well as on the basis of their own practical experience with the performance of the audits, the authors endorsed their own recommendations, the application of which will contribute to the increase of the quality of the financial audits carried out.},
  keywords = {audit, sample, risk, stratification},
  note = Article ID: 136905
}